Time Clock, Feb. 2, 1959

5% WAGE BOOST will go to some 500,000 of oil industry's workers and salaried employees. Hike lifts average hourly pay of refinery workers from $2.71 to $2.84½.

AMERICAN EXPRESS credit cards have been issued to 500,000, v. 940,000 who hold Diners' Club cards.

UNITED AIR LINES, not hit by strikes, almost doubled its net earnings in 1958 to record $14,300,802.

U.S. EXPORTS will rise from last year's estimated $16.2 billion to more than $17 billion, while imports will go from $12.9 billion to $13.8 billion in 1959, predicts National Foreign Trade Council. One big reason for export gain: convertibility of Europe's currencies.


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